Author: Saur News Bureau

Q3 Results: KPI Green Revenues Up 60%, PAT Grows 86% In Q3

Gujarat-based KPI Green Energy continues to demonstrate strong financial growth, with an increase in its turnover in the third quarter of FY 2024-2025 (Q3 FY 2024-2025). The company’s total revenue recorded, Rs. 466.1 crore, reflected a 40.6% increase from 331.33 crore in Q3 FY 2023-2024. This growth is driven by expanded project execution, increased capacity […]

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Researchers Find New Way To Boost Lithium-ion Battery Performance

Researchers at the Seoul National University of Science and Technology (South Korea) have now found a new innovative way to boost the performance of Lithium-ion batteries. Lithium-ion batteries are considered key to the success of Electric Vehicles globally. The new research is likely to boost the use of Lithium-ion batteries in EVs and improve their […]

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Solarium Green IPO Launched- Company Seeks to Raise Rs 105 crore

Ahmedabad-based Solar EPC and O&M provider Solarium Green Energy has launched its IPO today. The IPO comprises a fresh issue of 54,99,600 Equity Shares of ₹ 10 each at a price band of Rs 181-191. Thus, at the upper end of the price band, the company is looking to raise Rs 105.04 crore.  The shares will […]

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CtrlS Datacenters Unveils Captive Solar Farm — GreenVolt1

CtrlS Datacenters Ltd, a data center operator, unveiled its captive solar farm, GreenVolt 1, in India. Phase I, with a capacity of 62.5 MWp, went live in June 2024, while Phase II, with an additional capacity of 62.5 MWp, is under implementation. CtrlS has spent over a year in R&D optimizing the project and complying […]

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India’s Solar Energy Generation Increased 18% In CY24

India’s renewable energy sector witnessed a strong year-on-year growth in calendar year 2024 (CY24), with total renewable energy generation (including large hydro) reaching 3,87,553.52 million units (MU)—a 14.8% increase compared to 3,37,745.63 MU in CY23, as per the latest data from the Central Electricity Authority (CEA). Solar Energy Sees Impressive Growth A major contributor to […]

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Green Stocks Feb 5: Cautious Recovery Continues For Green Stocks

On a day when the midcap and small-cap indices were strong, the green energy cap also made the most of the recovery in the air. While Shakti Pumps was back at the upper circuit limit, seeking a return to previous highs, Adani Green also staged a smart recovery to trade well over Rs 1000 again. […]

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MERC’s No To Wind-Solar-Thermal Bundling for OA Consumers In Maharashtra

In an order that left some hope for a future rethink on the issue, the Maharashtra Electricity Regulatory Commission (MERC) has rejected a plea by the Captive Power Producers Association(CPPA)  in the state to direct the key state discom/s to allow bundling of solar, wind and thermal power for use by captive consumers too. MSEDCL […]

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January Power Market- DAM Prices Drift Lower, Green Volumes Up 218% YoY

Indian Energy Exchange, India’s premier electricity exchange, achieved monthly electricity traded volume of 10,910 MU in January’25, marking a 16% increase on year-on-year basis. IEX recorded highest ever monthly trade of RECs in January ’25.  A total of 38.03 lakh Renewable Energy Certificates were traded during the month, marking a 150% year on year increase. […]

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